M&O Cost Study
The Maintenance & Operations Cost Study is a research study conducted annually (up until 2008-2009) that asked chief business officials and directors of facilities at the nation's public school districts and 2-year and 4-year colleges (with no significant graduate programs) to document their institutions' M&O expenditures per student and per square foot for a particular calendar year. The data are useful for benchmarking costs at your institution.
Despite the worst economic environment in generations, spending by K-12 institutions on maintenance and operations (M&O) held its own — defying historical trends that have shown M&O spending among the most affected in times of budget tightening.
The nation's colleges are feeling the pinch of the economic downturn, and maintenance and operations (M&O) budgets especially are under pressure.
The median school district allocated a smaller percentage of total district expenditures (TDE) to M&O in 2007-08 — 8.35 percent, down from 9.19 percent the year before.
The median college allocates 11 percent of total college budget to M&O, down from 16.4 percent the year before.
Spending by school districts on maintenance and operations increased in 2006-07, reversing years of historic low expenditures.
Colleges are focusing increased effort — and money — to improve the physical condition of existing facilities and address a huge backlog of deferred maintenance.
As the nation's school buildings age and deteriorate, spending on maintenance and operations (M&O) remains paltry, especially when compared with historical figures.
Colleges placed more of an emphasis on maintenance and operations (M&O) this school year by increasing the amount spent on M&O as a percentage of total budget.
Recent data confirms that the practice of providing fewer resources to M&O continues.
Although colleges continue to face tough economic times, they still spend a larger percentage of their total budget on maintenance and operations (M&O) than their school district counterparts.
Reflecting ever-growing financial difficulties faced by school districts across the nation, percentage spending on maintenance and operations (M&O) continues to hover around historic lows.
Difficult economic conditions continue to be a drag on college budgets, and contributed to institutions cutting back on the percentage spent on maintaining and operating their facilities.
The economy has taken its toll on school district budgets, and it has been especially hard on maintenance and operations (M&O) funding.
College spending on maintenance and operations (M&O) held steady this year, even as the economy continues to wreak havoc on higher-education budgets.
As has gone the economy over the past couple of years, so went spending by school districts on maintenance and operations (M&O).
The economic downturn has taken its toll on college maintenance and operations (M&O) budgets, reversing an upward trend over the past few years in the amount 2-year and 4-year institutions allocated to M&O as a percentage of total budget.